单项选择题

Which of the following are differences between sole traders and limited liability companies?
(1) A sole trader’s financial statements are private and never made available to third parties; a company’s financial statements are sent to shareholders and may be publicly filed
(2) Only companies have share capital
(3) A sole trader is fully and personally liable for any losses that the business might make
(4) Only drawings would appear in a sole trader’s financial statement

A.1 and 4 only
B.2, 3 and 4
C.2 and 3 only
D.1, 3 and 4